The LIV Golf Team Championship, originally scheduled to take place in Michigan at the end of August, has officially been canceled and moved to Indianapolis. The news not only comes after weeks of speculation about whether the season finale would take place, but also after the breakaway circuit announced a new, unknown investor to keep LIV afloat into 2027 and beyond.

The Saudi Public Investment Fund (PIF), the sole funder of LIV Golf, announced in April that it would be cutting ties with the league. The PIF's announcement specifically noted that it would "fund LIV Golf only for the remainder of the 2026 season," but with the re-scheduling of the team championship, that doesn't appear to be the case.

Visit tr-sport.click for more information.

"As the 2026 LIV Golf season comes to a close after incredible competition across 10 countries and five continents, we reflect on record crowds, broadcast viewership, marketing partner support and social growth, alongside historic comebacks, emerging young talent, OWGR recognition and new pathways to the majors," LIV Golf CEO Scott O'Neil said in a news release. "By concluding the season now, we can put our full resources behind what comes next and maintain the operational rigor this transition demands. We are reimagining LIV Golf as a fundamentally new League owned by the players and anchored in a sustainable business model, with an evolved fan experience built for the markets where the game is growing fastest across the globe and the support of world-class partners.

"Professional golf is more unified today than at any point since we launched, creating a genuine opportunity to grow the game together. Indianapolis will be a fitting finale for the League as fans have known it and the starting point for what we believe it can become."

Rumors of LIV's Team Championship disappearing reached a fever pitch in July when former major champion and Cleeks team captain Martin Kaymer said the event, which carried a purse of $40 million, was "highly unlikely" to go on as scheduled. LIV Indianapolis, scheduled to take place Aug. 20-23, will be the last event of the season.

LARGEMOUTH BASS EXPLODES FROM WATER TO EAT CHARL SCHWARTZEL'S GOLF BALL AT LIV GOLF NEW YORK

"As we concentrate on finishing the season strong and building the next chapter of LIV Golf, we’ll carry the energy and enthusiasm our fans have shown us into what comes next," O'Neil added. "The road ahead is possible because of the people who stand behind this League – our fans, players, caddies, employees, partners, and sponsors."

Recent reports also claimed that the build-out at The Cardinal at Saint John's, the course that was set to host the finale, had not yet begun. LIV Michigan is now the second event on LIV's 2026 calendar to be canceled after LIV New Orleans was scrapped in June.

While speculation about LIV's immediate future has more or less been put to bed with the Team Championship's re-scheduling, that isn't the case regarding the circuit's future in 2027.

On Aug. 5, O'Neil announced that an investor has been secured to keep the league afloat. While he did not divulge any specific details about the unknown investor, O'Neil did share an important fact about the next phase of LIV Golf and its players.

"LIV Golf has an agreement in place with a lead investor, signed by the investor and approved by the Board, to anchor the transaction and play a key role in supporting the path forward for the League’s next era, driven by and for the players," O'Neil said at the time.

"Notably, our next chapter will make our players the majority equity holders in LIV Golf, a first for a major global sports league," he continued, while stating the goal is to enter a finalized transaction in September.

It remains unclear what LIV Golf looks like, and even more unclear which players will be competing, beginning in 2027. The plan for the 2027 LIV schedule is for it to feature 10 events, with five in the United States and five across the globe.

Read full story at source

The House Ethics Committee is investigating a sitting Democratic lawmaker over allegations of sexual misconduct.

Visit biznow.biz for more information.

The committee, which acts as the House of Representatives' internal watchdog, announced Monday that it is investigating Rep. Jimmy Gomez, D-Calif., over allegations including "inappropriate sexual contact with a House staffer."

Gomez told Fox News Digital in a statement that he "made personal mistakes outside my marriage" but added that his extramarital relations were consensual and that he did not break any laws.

He's the latest House lawmaker to be accused of misconduct or harassment in relation to aides on Capitol Hill, an issue that's rocked Congress and forced a new reckoning over rules of engagement for lawmakers in Washington.

CAPITOL HILL SEX SCANDALS TRIGGER NEW PUSH TO REDRAW THE LINE FOR LAWMAKERS

Gomez, who has been in Congress since 2017, is known as a founder and chair of the Congressional Dads Caucus. According to its website, the caucus was created to "ensure that dads step up at home and in the halls of Congress."

Gomez is a married father of one.

He told Fox News Digital in a statement on the investigation, "Although my actions were consensual in nature and haven’t violated the law or House Ethics rules, that doesn’t diminish the impact that these mistakes have made on those I care about the most. I take full responsibility and have committed myself to working through the pain privately with my wife and family. I sought professional assistance to help re-center and heal my relationships and move forward with honesty, transparency, and respect. I continue to do this work.

"I have and continue to sincerely apologize to my family, friends, and the people that I have the privilege to serve. I am deeply sorry to my wife for the pain and embarrassment that I have brought into our lives. Her sacrifices and support are central to my ability to serve, and I can only feel gratitude for her grace and strength," Gomez said.

He added that he would cooperate with the committee in its probe, but would not say anything further out of respect for his family and the investigatory process.

More information was not immediately provided by the Ethics Committee, which typically operates in secrecy until it releases its final findings on a given matter. It did note that the allegations are not evidence of wrongdoing.

REPUBLICAN LAWMAKER WELCOMES HOUSE ETHICS PROBE INTO SEXUAL MISCONDUCT ALLEGATIONS AGAINST HIM

For example, the panel released an explosive report this summer that detailed sexual harassment accusations against Rep. Chuck Edwards, R-N.C., targeting two young staffers who worked in his office. The committee recommended censuring Edwards, a form of punishment that's largely symbolic with no practical effects.

The resulting blowback, however, pushed Edwards to drop his re-election bid despite denying any wrongdoing.

The New York Post reported earlier this year that Gomez was seen kissing a "much younger" congressional aide in the summer of 2023.

Read full story at source